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Property profile & analytics
OFF-MARKET
Warehouses

21922 Austin Rd Austin, CO 81410-8371

24,363 SF 0.47 ac lot Built 1943
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-1987017
Property summary
AI-generated overview

This Austin, CO industrial property offers 5,350 square feet of immediately available warehouse space within a larger 23,432 square foot building. Originally constructed in 1943 as cold storage, the building is undergoing renovations and improvements. The available space comprises three large, open sections at the west end, featuring a dock-high door (8 feet), a ground-level roll-up door (8 feet), and a pedestrian entrance. The property boasts 3-phase power (800 amp, 208 voltage), with the potential for a step-up transformer. Additional air conditioning units can be installed as needed. Tenants will pay electricity on a pro-rata basis. A shared restroom is available in a separate section of the building. Ample additional parking is situated across Austin Road. The owner is actively preparing additional space, including potential office space, for lease, with timelines adaptable to tenant requirements. The 4.7-acre site offers significant potential for expansion. Lease terms are flexible, with a minimum one-year lease considered, and pricing is based on a three-year lease. Inquire for specific lease rates for shorter-term options. This property is ideally located in the heart of Delta County, known for its abundance of organic farms.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1943
Construction FRAME
Total area 24,363 SF
Lot 0.47 ac (20,473 SF)
APN 345501100018
UPID US13-1987017
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Zsolt Pap · 4 yrs held
Zsolt Pap
since 2022
Last sale
$244,000
4 recorded transactions
2022
$244,000
2014
Price N/A
2014
$55,000
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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